Why Today’s Stock Market Numbers are Totally Irrelevant

by John Galt
January 27, 2015 22:30 ET

I could just be an asshole and just post the following without explanation to summarize today’s action:

012715_WSJ_CLOSING_EQUITIESjgfla

Good think I’m a “nice guy” (LOL).

The first thing news sources like the Wall Street Journal (thank you for the screen shot above) and the electronic horn dog ‘there’s a bull in every crack and crevice media thanks to Apple earnings, is that everything awful today was due to Snowmeggadon 2015 and Global Warming/Climate Change, which from a Florida and internet trading perspective was a non-event, aka, a freaking joke.

The reality?

CRAMER_INSANITYjgfla

The Fed will barf irrelevancy tomorrow in its statement in all likelihood, which may or may not impact markets. Other than that and the end of month window-dressing hump the leg of Jim Cramer insanity, there is no reason to view global equities and economies in 2015 as nothing short of a disaster.

Stay tuned because if the Fed hurls a hairball tomorrow afternoon with any mention of the US dollar, commodities,  and/or currency exchange rates, then all bets are off.

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